Search Results for: oil
Burness Paull defends multi-million dollar claim relating to legacy business
November 18th, 2016
Burness Paull is defending a $210m claim relating to legacy business Paull & Williamsons, Legal Business has learned. The claim, filed by Robert Kidd, former chairman and principal shareholder of oil service firm International Tubular Services (ITS) relates to a private equity ...
Dollar Extends Weekly Surge on Yellen Commentary as Metals Drop
November 18th, 2016
Japan’s Topix climbing for a seventh day as yen languishes Fed Chair sees hike relatively soon, plans to serve full term The dollar extended its advance after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent, ...
Yellen: Rate hike ‘appropriate relatively soon,’ cites dangers in waiting
November 17th, 2016
Fed Chair Janet Yellen on Thursday made her strongest comments to date in favor for a policy tightening in December, telling Congress an increase could be “appropriate relatively soon.” The head of the U.S. central bank also cited the ...
Italy referendum result could send shockwaves through markets and destroy Europe
November 17th, 2016
Analysts believe the outcome of the ballot on constitutional reform could have massive global implications. With many European leaders already coming under severe pressure from anti-EU parties ahead of elections next year the significance of the Italian result is ...
Euro zone break-up fears back on the table with Italy expected to reject reforms
November 16th, 2016
The impact of a “no” vote in the upcoming Italian referendum could be far more serious for Europe than Italy, according to analysts, who believe it would form part of the same underlying force as Brexit and the U.S. election victory ...
Asian Stocks Rebound Amid Dollar Retreat as Trump Shock Fades
November 16th, 2016
Zinc retreats from six-year high as yuan extends slide Major crude producers are holding talks to agree output cuts Asian stocks rose for the first time in four days and the dollar weakened versus most peers as investors questioned ...
Germany and the European Commission rejected calls to impose taxes on imports from USA
November 15th, 2016
Germany and the European Commission rejected on Monday (14 November) calls by former French President Nicolas Sarkozy to impose taxes on imports from the United States if President-elect Donald Trump quits a global agreement for fighting climate change. Trump, ...
ISA Israel: iTrader financial firm’s managers and some employees defrauded traders
November 14th, 2016
Senior iTrader executives were arrested on suspicion of aggravated fraud, securities violations, and other crimes. Managers at the iTrader trading firm and some of its employees were part of a well-oiled and organized machine for defrauding and abusing clients ...
Dollar climbs as U.S. yields spike; Asia shares divided
November 14th, 2016
The U.S. dollar hit a nine-month peak in Asia on Monday as the risk of faster domestic inflation and wider budget deficits sent Treasury yields ever higher, a painful mix for assets in many emerging market countries. The reflation trade saw ...
London and other global property markets could benefit from Trump election
November 12th, 2016
Property markets around the world could benefit from the election of Donal Trump as the next President of the United States but a lot will depend on how the country’s economy and dollar performs. Experts believe that it could ...